June 22 (Reuters) - Warren Buffett's Berkshire Hathaway Inc (BRKa.N) bought another 9.6 million shares of Occidental Petroleum Corp (OXY.N), boosting its stake to 16.3% as the oil company's shares co… [+1469 chars]
Economists across Wall Street are raising the odds of a recession in the U.S. economy, and one strategist says it may already be here especially in the eyes of consumers. The state of the consumer h… [+1972 chars]
The founder of electric truck start-up Nikola Motors, already under indictment for multiple counts of fraud, is facing a new charge related to buying a Utah ranch a purchase he paid for in part with … [+2610 chars]
Oil prices added to losses from the previous session on Thursday, dropping more than 2% as investors worried that aggressive U.S. interest rate hikes could trigger a recession and dent fuel demand. … [+1622 chars]
New York (CNN Business)Move over, GameStop and AMC. And forget about bitcoin and other cryptocurrencies. Revlon, the struggling makeup and cosmetics company that filed for bankruptcy last week, is th… [+2312 chars]
Margie Shutack of Tarentum got to Lower Burrell three hours early to buy gas at a BP station Wednesday for a special event featuring $2.38 a gallon for regular unleaded. “It pays to be first,” said … [+4196 chars]
PTC Therapeutics’ years-long effort to push its controversial Duchenne MD drug Translarna into the US has just run into its latest setback. The biotech reported a mixed set of data from their confir… [+682 chars]
Beleaguered Abbott Laboratories is under fire again with news that the Food and Drug Administration is looking into a new complaint of a babys death after consuming its baby formula. The child died i… [+734 chars]
JP Morgan Chase is laying off hundreds of employees in its home-lending business and reassigning hundreds more this week, Bloomberg News reported Wednesday, citing people familiar with the matter. M… [+1302 chars]
Business is sweet, both figuratively and literally, for Mars, a private company that has revealed some eye-popping sales numbers. On Wednesday, candy manufacturing giant Mars provided a rare insight… [+3372 chars]
Crypto exchange Binance.US has removed trading fees for Bitcoin (BTC) spot market trades, following in the footsteps of Robinhood, which pioneered no-commission crypto trading in 2018. Brian Shrode… [+3528 chars]
The company is acquiring KnownOrigin for an undisclosed amount If you buy something from a Verge link, Vox Media may earn a commission. See our ethics statement. Image: eBay eBay made its biggest … [+2488 chars]
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